Retirement plan

BLUE & GOLD SAUSAGE COMPANY 401(K) PROFIT SHARING PLAN

Name: BLUE & GOLD SAUSAGE COMPANY - BLUE & GOLD SAUSAGE COMPANY 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: BLUE & GOLD SAUSAGE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLUE & GOLD SAUSAGE COMPANY 401(K) PROFIT SHARING PLAN, BLUE & GOLD SAUSAGE COMPANY

BLUE & GOLD SAUSAGE COMPANYEIN 73-1027582Plan #003PY 2022

PO BOX 657 - JONES, OK 730490657405-399-2954blueandgoldsausageco.comLinkedIn1-10 employeesfund-raising

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$7M

-18.1% from 2021

Total participants

0.0% from 2021

Average account balance

$586,347

-18.1% from 2021

Annual return

-8.08%

-30.31 pp from 2021

Benchmarks

See 23,461 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,461 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$10.86M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$987K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$230K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.08%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$22382

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2J2E3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$99397 / participant

Other / not subdivided$1M100.0%

% of EOY assets

16.952%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$586,347

$142,409+311.7%

$119,634+390.1%

$134,545+335.8%

Participation rate

100.0%

82.8%+17.2pp

79.3%+20.7pp

81.2%+18.8pp

Annual return

-8.08%

-12.46%+4.4pp

-14.98%+6.9pp

418.37%-426.4pp

Employer contribution / active EE

$18,153

$5,224+247.5%

$4,232+328.9%

$4,742+282.8%

Participant deferral / active EE

$5,263

$6,468-18.6%

$5,601-6.0%

$6,401-17.8%

Admin fee / account holder

$99,397

$13,594+631.2%

$10,329+862.3%

$11,431+769.6%

BLUE & GOLD SAUSAGE COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLUE & GOLD SAUSAGE COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion